Ant blockchain and other enterprises selected for MPC certification by the National Financial Technology Certification Center

According to reports, the Beijing National Financial Technology Certification Center recently announced the first batch of products and version information that have passed multi-party secure computing (MPC) technology financial application certification, including Ant Blockchain Technology (Shanghai) Co., Ltd., Lanxiang Zhilian (Hangzhou) Technology Co., Ltd., Ant Zhixin (Hangzhou) Information Technology Co., Ltd., WeBank, and platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd., which have been certified.

Ant blockchain and other enterprises selected for MPC certification by the National Financial Technology Certification Center

I. Introduction
A. Explanation of Multi-Party Secure Computing (MPC) Technology
II. Beijing National Financial Technology Certification Center
A. Overview of the Center
III. First Batch of MPC-Certified Products and Versions
A. Ant Blockchain Technology (Shanghai) Co., Ltd.
B. Lanxiang Zhilian (Hangzhou) Technology Co., Ltd.
C. Ant Zhixin (Hangzhou) Information Technology Co., Ltd.
D. WeBank
E. Platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd.
IV. Implications of Certification
A. Improved Security and Privacy in Financial Transactions
B. Potential Increase in Adoption of MPC Technology in Financial Industries
V. Conclusion
VI. FAQs

Beijing National Financial Technology Certification Center Certifies First Batch of MPC-Certified Products and Versions

The Beijing National Financial Technology Certification Center recently announced its first batch of products and version information that have passed multi-party secure computing (MPC) technology financial application certification. This milestone sets the path for greater adoption of MPC technology in the financial industry with improved security and privacy in financial transactions.
MPC technology, in simple terms, is a form of cryptography that allows multiple parties to perform computations on a set of data while keeping the data private. This technology has become increasingly popular in the financial industry, with many financial institutions and tech companies adopting it to improve security and protect sensitive financial information.
The Beijing National Financial Technology Certification Center was established by the People’s Bank of China to support the development of financial technology and provide certification services for financial institutions and tech companies in China. The center aims to enhance the safety and efficiency of financial transactions and form a trusted and secure financial ecosystem.
The first batch of products and versions that have passed the certification include Ant Blockchain Technology (Shanghai) Co., Ltd., Lanxiang Zhilian (Hangzhou) Technology Co., Ltd., Ant Zhixin (Hangzhou) Information Technology Co., Ltd., WeBank, and platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd. These companies have all demonstrated their commitment to securing financial transactions and protecting customers’ privacy by passing the rigorous certification process.
This certification has significant implications for the financial industry as it provides an added level of security and privacy. With the adoption of MPC technology, financial institutions and other companies in the financial sector can protect sensitive information such as personal data and transactions better. Moreover, the certification can lead to increased adoption of MPC technology, which will contribute to the growth of the financial industry.
In conclusion, the Beijing National Financial Technology Certification Center has certified its first batch of products and versions that have demonstrated the power of MPC technology in securing financial transactions. This development sets the stage for greater adoption of MPC technology in the financial industry, improving security and privacy in financial transactions.

FAQs

1. What is the Beijing National Financial Technology Certification Center, and what is its purpose?
– The Beijing National Financial Technology Certification Center was established by the People’s Bank of China to support the development of financial technology and provide certification services for financial institutions and tech companies in China. The center aims to enhance the safety and efficiency of financial transactions and form a trusted and secure financial ecosystem.
2. What is Multi-Party Secure Computing (MPC) technology, and why is it significant?
– MPC technology is a form of cryptography that allows multiple parties to perform computations on a set of data while keeping the data private. In the financial industry, it has become increasingly popular, with many financial institutions and tech companies adopting it to improve security and protect sensitive financial information.
3. What are the implications of certification for financial institutions and companies?
– Certification provides an added level of security and privacy, allowing financial institutions and other companies in the financial sector to protect sensitive information such as personal data and transactions better. Furthermore, the certification can lead to increased adoption of MPC technology, contributing to the growth of the financial industry.